Blackbuck Resources Acquires Whites City Water Infrastructure from Cimarex Energy
Water infrastructure firm Blackbuck Resources announced it has closed on a transaction to purchase Cimarex Energy’ Whites City water infrastructure in Eddy County, New Mexico.
The acquired assets include approximately 65 miles of pipeline and 100,000 barrels per day of installed and permitted disposal capacity.
As part of the sale, Cimarex has agreed to a 15-year acreage dedication in the Whites City area, which encompasses more than 40,000 acres, for the gathering, disposal and recycling of its produced water.
“This acquisition will significantly grow our Delaware Basin platform and overall footprint, further enhancing Blackbuck’s ability to provide our customers economic and reliable water management solutions,” said Justin Love, CEO of Blackbuck Resources.
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